管理会计 双语课件 Management accounting
管理会计 双语课件 Management accounting
01 会计信息的概念
Example
The following statements refer to qualities of good information:
（ⅰ） It should be communicated to the right person （ⅱ） It should always be completely accurate before it
关), Complete (完整 ), Accurate (准确 ), Clear (清楚), it should inspire confidence , it should be appropriately communicated , its volume should be manageable, it should be timely (及时 )and its cost (成本收
QUEห้องสมุดไป่ตู้TION
Accounting Information
C ONTENTS
1
信息的概念 The definition of
Information
2 信息的作用
The use of Information
3 案例
Case
01 会计信息的概念
Data and information
Data （ 数据 ） is the raw material for data processing.
01 会计信息的概念
Identify the users of TLC Daycare’s accounting information as internal(I) or external(E).
管理会计英语(英文版课件)1
Accounting-related Lenders Consultants Analysts Traders Managers Directors Underwriters Planners Appraisers
Financial Statements
Financial statements report on the financial performance and condition of an organization. There are four major financial statements Income Statement Balance Sheet Statement of Owner’s Equity Statement of Cash Flows
The system for recording debits and credits follows from the accounting equation: Assets = Liabilities + Owner’s Equity
Equity
Owner’s capital- Owner’s withdrawals+ RevenuesExpenses
Business Profit
Revenues: Amounts earned from selling products or services -Expenses: Costs incurred with revenues =Profit: Amounts earned from revenues less expenses incurred Loss occurs when expenses are more than revenues
《管理会计》课件全英文Acct_ch1_ManAcct_(Feb_25)
1. Externally focused 2. Must follow externally imposed rules 3. Objective financial information
1 -23
Types of Information
For management accounting, the The restrictions imposed on financial accounting tend to financial or nonfinancial produce objectivebe much more information may and verifiable financial information. subjective in nature.
Continued
1 -3
Objectives
5. Describe the role of management accountants in an organization. 6. Explain the importance of ethical behavior for managers and management accountants. 7. List three forms of certification available to management accountants.
1 -12
Management Process
The Management Process is defined by the following activities: Planning Controlling Decision Making
Decision making is the process of choosing among competing alternatives.
Lesson 4 Decision Making 英文管理会计课件 Management Accounting
between alternatives.
2020/6/17
The Concept of Relevant Cost Information
• Will you drive or fly to Florida for spring break?
2020/6/17
2: Different types of operating decisions
Learning objective • Using Incremental Analysis in different
operating decisions.
Required reading • Chapter 11, pages 301-318
decisions
Make or buy decisions
Joint product decisions
1: Relevant cost
Learning objective • Distinguish relevant from irrelevant
information in decisions situations.
decisions.
2020/6/17
Accepting Additional Business
The decision to accept additional business should be based on incremental costs and incremental revenues. Incremental amounts are those that occur if the company decides to accept the new business.
管理会计双语版总结PPT
第四页，共七十三页。
Chapter 3 :Determining Costs of Products
Job order costing
Direct material : trace Direct labor : trace Manufacturing overhead : allocate
Cost pool and allocation base Actual cost system vs. normal cost system Over-apply vs. under-apply
Three formulas (page 136)
Sensitivity analysis
8 第九页，共七十三页。
CVP Equations
Sales – Variable Costs – Fixed Costs = target profit
(SP/unit * units) – (VC/unit * units) – FC = target profit
Chapter 1: Introduction
Why management accounting? Origin and evolution of management
accounting Contrasting financial and management
accounting Ethical standards for management
Accounting rate of return
17
第十八页，共七十三页。
Chapter 9 : The Operating Budget
Different approaches to budgeting
管理会计ManagementAccountingppt课件
按需要交付商品 随部件到达开始生产 采购零部件
精益生产
精益思想可用于改善连结 整个公司的业务流程。
供应链管理（supply chain management）：
对贯穿公司整个业务流程进行协调，以更好 的服务于最终顾客。
学习目标
• 了解管理工作 • 掌握管理会计与财务会计的主要区别 • 了解管理会计在组织中的作用 • 了解管理方法的变化对管理会计的影响 • 了解管理会计师道德行为守则
会计的定义
会计（Accounting）是一个信息系统，是 为了使信息使用者能够作出有根据的判断 和决策而认定、计量和传递经济信息的程 序。
一个公司的战略焦点应 该集中在其目标顾客上
顾客价值取向（定位）
顾客亲密度 战略
了解和响应个别 顾客的需求
卓越运营 战略
以更快、更方便、更低的 价格交付产品和提供服务
产品领导 战略
提供高质量的产品
流程管理（Process Management）
为了实现企业的经营目标， 其业务流程应遵循一系列步骤：
例如：制造企业的管 理会计人员
首席财务官（CFO）
• 属于企业高管层成员，主要负责：
及时提供相关数据以支持计划和控制活动 向外部使用者提供财务报表
企业的财务长和主计长对CFO负责
战略（Strategy）
战略是一种 “策略game plan”，使一个 公司通过将自己与竞争者
区别开以吸引顾客。
产品 研发 设计
生产制造 营销
配送
客户 服务
这些业务职能构成企业价值链。
流程管理
有三种改善业务流程的主要方法. . .
精益生产 Lean
Production
Lesson1 Management Accounting Fundamentals 英文管理会计课件 Management Accounting
Contents of the MA
1. Management accounting Fundamentals ( Review Chapter 1, 2 and 13)
2. Cost behavior and Variable Costing ( Chapter 9 and 10) 3. Cost-Volume-Profit Analysis (Chapter 3) 4. Decision Making (Chapter 11 and 12) 5. Capital Budgeting (Chapter 21) 6. Inventory Management ( Chapter 20) 7. Quality and Time ( Chapter 19) 8. Balanced Scorecard ( Chapter 19) 9. Transfer Pricing ( Chapter 22) 10. Performance Management and Compensation ( Chapter 23)
9
Topic 1：The role of management accounting
• 1 What is Management accounting? • 2 Management VS. Financial accounting • 3 The History and Current Focus of
Management Accounting
2011
• This course combines traditional Managerial Accounting with modern Managerial Accounting. This course introduces systematically the basics theory of Managerial Accounting, planning and control, and managerial decision-making.
Lesson 7 Transfer Pricing 英文管理会计课件 Management Accounting
➢ Management control systems use transfer prices to coordinate the actions of subunits and to evaluate their performance
– Also called Incongruent Decision Making
➢ Focuses manger’s attention on the subunit rather than the company as a whole
➢ Increases costs of gathering information ➢ Results in duplication of activities
3. Negotiated Transfer Prices
– allows decentralized managers to agree (negotiate) among themselves.
17
Topic 2: Transfer pricing policies_Market-based
1. Market-based Transfer Prices
“ Organization Structure and Decentralization” up to “Transfer Pricing”
4
Topic 1: Organizational structure and decentralization
《管理会计(双语)》章节 (1)
Management Accounting, 6e (Atkinson et al.)Chapter 1 How Management Accounting Information Supports Decision Making Objective 11) Management accounting is subject to the rules formulated by standard setters such as the Financial Accounting Standards Board (FASB).Answer: FALSEExplanation: Financial accounting is subject to the rules of the FASB.Diff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking2) Management accounting information is primarily oriented to external stakeholders, such as investors, creditors, regulators, and tax authorities.Answer: FALSEExplanation: Management accounting information is primarily oriented to management. Diff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking3) The International Accounting Standards Board sets the guidelines used for management accounting.Answer: FALSEExplanation: Financial accounting must be consistent with the rules of the IASB.Diff: 1Terms: International Accounting Standards BoardObjective: 1AACSB: Reflective thinking4) A good management accounting system can become a source of competitive advantage for a company.Answer: TRUEDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking5) Management accounting information is sometimes predictive and forward looking. Answer: TRUEDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking6) Management accounting has no prescribed rules about its content, how the content is to be developed, and how the content is to be presented.Answer: TRUEDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking7) The Federal Accounting Standards Advisory Board sets cost accounting standards for all federal government activities.Answer: TRUEDiff: 2Terms: Government Accounting Standards BoardObjective: 1AACSB: Reflective thinking8) Management accounting measures can provide advance warnings of problems. Answer: TRUEDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking9) Information about customer satisfaction is an example of financial information. Answer: FALSEExplanation: Information about customer satisfaction is an example of nonfinancial information.Diff: 1Terms: nonfinancial informationObjective: 1AACSB: Reflective thinking10) Management accounting information can be used for all of the following EXCEPT:A) calculate the cost of a product or service.B) evaluate the performance of a company.C) project materials needs.D) evaluate the market price of the stock.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking11) Which of the following types of information are used in management accounting?A) financial informationB) nonfinancial informationC) information focused on the long termD) All of the above are correct.Answer: DDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking12) Management accounting:A) is both retrospective, providing feedback about past operations, and also prospective, incorporating forecasts and estimates about future events.B) is primarily oriented to external stakeholders.C) must be consistent with rules formulated by the Financial Accounting Standards Board (FASB).D) provides information that is generally available only on a quarterly or annual basis. Answer: ADiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking13) Which of the following descriptors refer to management accounting information?A) It is only retrospective, reporting and summarizing in financial terms the results of past decisions and transactions.B) It is driven by rules.C) It is prepared for shareholders.D) It is oriented to meeting the decision making needs of employees and managers inside the organization.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking14) Which of the following would be considered management accounting information?A) Budgeted production for the year 2011.B) Budgeted Balance Sheet.C) Analysis of trend in stock prices.D) Both budgeted production for the year of 2011, and the budgeted balance sheet. Answer: DDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking15) Management accounting information includes all of the following EXCEPT:A) tabulated results of customer satisfaction surveys.B) the cost of producing a product.C) the percentage of units produced that is defective.D) market price of the stock.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking16) Management accounting reports might include information about:A) customer complaints.B) net income for the year on budgeted income statement.C) total assets on budgeted balance sheet.D) All of the above are correct.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking17) The person MOST likely to use management accounting information is a(n):A) banker evaluating a credit application.B) shareholder evaluating a stock investment.C) governmental taxing authority.D) assembly department supervisor.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking18) Which of the following is NOT a function of a management accounting system?A) strategic developmentB) financial reportingC) controlD) product costingAnswer: BDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking19) Financial accounting:A) focuses on the future and includes activities such as preparing next year's operating budget.B) does not need to comply with GAAP (generally accepted accounting principles).C) is primarily oriented to external stakeholders, such as investors, creditors, regulators and tax authorities.D) is prepared for the use of department heads and other employees.Answer: CDiff: 1Terms: financial accountingObjective: 1AACSB: Reflective thinking20) The person MOST likely to use ONLY financial accounting information is a:A) factory shift supervisor.B) vice president of operations.C) current shareholder.D) department manager.Answer: CDiff: 2Terms: financial accountingObjective: 1AACSB: Reflective thinking21) Historically, management accounting innovations have been developed by:A) the International Accounting Standards Board.B) the Cost Accounting Standards Board.C) Academic accountants.D) Managers.Answer: DDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking22) In general, it was not until the 1970s that management accounting systems:A) were improved because of demands by the FASB and the SEC.B) stagnated and proved inadequate.C) started to develop innovations in costing and performance-measurement systems due to intense pressure from overseas competitors.D) started to address the decision-making needs of managers.Answer: CDiff: 2Terms: management accountingObjective: 1AACSB: Reflective thinking23) Financial accounting information:A) provides a signal that something is wrong.B) identifies what is wrong.C) explains what is wrong.D) simply summarizes information but gives no indication that anything is wrong. Answer: ADiff: 2Terms: financial accountingObjective: 1AACSB: Reflective thinking24) The regulatory authority responsible for formulating rules of United States GAAP is:A) the Financial Accounting Standards Board.B) the Cost Accounting Standards Board.C) the Federal Accounting Standards Advisory Board.D) the International Accounting Standards Board.Answer: ADiff: 1Terms: financial accounting, FASBObjective: 1AACSB: Reflective thinking25) Management accounting information is BEST described as:A) providing a signal that something is wrong.B) identifying and helping to explain what is wrong.C) simply summarizing information, but giving no indication that anything is wrong.D) measuring overall organizational performance.Answer: BDiff: 1Terms: management accountingObjective: 1AACSB: Reflective thinking26) Compare and contrast the users and uses of management accounting and financial accounting.Answer: Management accounting provides information to internal decision makers of the business such as line supervisors, division managers and top executives. Its purpose is to help managers plan, organize, control and make operating decisions by predicting future results and evaluating performance.Financial accounting provides information to external decision makers such as investors and creditors. Its purpose is to present a fair picture of the financial condition of the company for use by these parties in making investing and credit decisions.Diff: 2Terms: management accounting, financial accountingObjective: 1AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.27) What is the purpose of management accounting?Answer: Management accounting gathers short-term and long-term financial and nonfinancial information to plan, coordinate, motivate, improve, control, and evaluate success factors of an organization. Management accounting converts data into usable information that supports planning, organizing, and control decision making.Diff: 2Terms: management accountingObjective: 1AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.Objective 21) During the history of management accounting, innovations were developed to address the decision-making needs of managers.Answer: TRUEDiff: 2Terms: management accountingObjective: 2AACSB: Reflective thinking2) A key element in any organization's strategy is to identify its target customers and to deliver what those target customers want.Answer: TRUEDiff: 1Terms: strategyObjective: 2AACSB: Reflective thinking3) Management accounting innovations are usually developed by academics.Answer: FALSEExplanation: Management accounting innovations are usually developed by management accountants in the field.Diff: 2Terms: management accountingObjective: 2AACSB: Reflective thinking4) The first modern industry to develop and use large quantities of financial statistics to assess and monitor organizational performance was:A) steel companies.B) lumber companies.C) the railroads.D) automobile companies.Answer: CDiff: 2Terms: financial informationObjective: 2AACSB: Reflective thinking5) Which of the following companies is a service company?A) Lands' EndB) Schwinn BicyclesC) Orkin Pest ControlD) British PetroleumAnswer: CDiff: 1Terms: service companiesObjective: 2AACSB: Reflective thinking6) Historically, service companies have:A) operated in less competitive environments than manufacturing companies.B) enjoyed global customer demand.C) used management accounting information in much the same way as manufacturing companies.D) competed by managing costs to provide the best service at the lowest price.Answer: ADiff: 2Terms: service companiesObjective: 2AACSB: Reflective thinking7) The Hawthorne study revealed that:A) individuals alter their behavior when they know they are being studied.B) groups alter their behavior when they know they are being studied.C) People react when they are being measured.D) All of the above are correct.Answer: DDiff: 2Terms: nonfinancial information, Hawthorne studyObjective: 2AACSB: Reflective thinking8) _______ helped develop the Plan-Do-Check-Act (PDCA) cycle.A) HawthorneB) Deming.C) CarnegieD) FordAnswer: DDiff: 2Terms: plan-do-check-act cycleObjective: 2AACSB: Reflective thinking9) Describe the steps in the PDCA cycle.Answer: The Plan step of the PCDA cycle defines the organization's purpose and selects the focus and scope of its strategy. The Do step of the PDCA cycle involves the implementation of a chosen course of action. In this setting, management accounting information gets communicated to front-line and support employees to inform their daily decisions and work activities. The check step in the PDCA cycle includes two components — measuring and monitoring ongoing performance and taking short-term actions based on the measured performance. In the Act step of the PDCA cycle, managers take actions to lower costs, change resource allocations, improve the quality, cycle time and flexibility of processes, modify the product mix, change customer relationships, and redesign and introduce new products.Diff: 3Terms: plan-do-check-act cycleObjective: 2AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.10) What role has the increasingly competitive business environment played in the development of management accounting?Answer: The competitive environment has changed dramatically. There has been a deregulation movement in North America and Europe during the 1970s and 1980s that changed the ground rules under which service companies operate.In addition, organizations encountered severe competition from overseas companies that offered high-quality products at low prices. There has been an improvement of operational control systems such that information is more current and provided more frequently. Employees need better management accounting information and accurate and timely information to improve the activities they perform and to make decisions. Employees also want innovations in management accounting information. Nonfinancial information has become a critical feedback measure. Finally, the focus of many firms is now on measuring and managing activities.Diff: 3Terms: financial accounting, management accountingObjective: 2AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.Objective 31) At the highest level strategic planning involves choosing a strategy that provides the best fit between the organization's environment and its internal resources in order to achieve the organization's objectives.Answer: TRUEDiff: 2Terms: strategyObjective: 3AACSB: Reflective thinking2) Quality is the degree of conformance between what the customer is promised and what the customer receives.Answer: TRUEDiff: 1Terms: qualityObjective: 3AACSB: Reflective thinking3) Government and nonprofit organizations, as well as profit-seeking enterprises, are feeling the pressures for improved performance.Answer: TRUEDiff: 1Terms: government and nonprofit organizationsObjective: 3AACSB: Reflective thinking4) Management accounting information allows managers to compare actual and planned costs and to identify areas and opportunities for process improvement.Answer: TRUEDiff: 1Terms: management accountingObjective: 3AACSB: Reflective thinking5) Management accounting can provide information on customer satisfaction.Answer: TRUEDiff: 2Terms: management accountingObjective: 3AACSB: Reflective thinking6) Planning activities include all of the following EXCEPT:A) estimate the cost and profit consequences from a course of action.B) evaluating the quality of the service provided.C) projecting labor requirements.D) budgeting.Answer: BDiff: 2Terms: plan-do-check-act cycleObjective: 3AACSB: Reflective thinking7) The most important factor in successful organizations is:A) weaknesses.B) competition.C) strategy.D) definition of quality.Answer: CDiff: 2Terms: strategyObjective: 3AACSB: Reflective thinking8) A key element of any organization's strategy is identifying:A) its potential shareholders.B) its target customers.C) competitor's products.D) employee needs.Answer: BDiff: 3Terms: strategyObjective: 3AACSB: Reflective thinking9) Explain the role of management accounting in helping an enterprise develop and implement its strategy.Answer: The organization needs management accounting information to help implement the strategy, allocate resources for the strategy, communicate the strategy, and link employees and operational processes to achieve the strategy. As the strategy gets executed, management accounting information provides feedback about where it is working and where it is not, and guides actions to improve the performance from the strategy..Diff: 2Terms: management accounting, strategyObjective: 3AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.Objective 41) Quality expert, W. Edwards Deming, helped develop and disseminate the plan-do-check-act (PDCA) cycle.Answer: TRUEDiff: 2Terms: plan-do-act cycleObjective: 4AACSB: Reflective thinking2) Many organizations start the planning stage by re-affirming or updating its mission statement. Answer: TRUEDiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking3) Operating profit is an example of nonfinancial information.Answer: FALSEExplanation: Operating profit is an example of financial information.Diff: 1Terms: financial informationObjective: 4AACSB: Reflective thinking4) The check step in the PDCA cycle includes two components — measuring and monitoring ongoing performance and taking short-term actions based on the measured performance. Answer: TRUEDiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking5) Which of the following best represents the Plan step in the Plan-Do-Check-Act (PDCA) cycle?A) Take actions to lower costs, change resource allocations, improve the quality, cycle time and flexibility of processes, modify the product mix, change customer relationships, and redesign and introduce new products..B) Measure and monitor ongoing performance and take short-term actions based on the measured performance.C) Define the organization's purpose and select the focus and scope of its strategy. .D) Implement the chosen course of action.Answer: CDiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking6) Which of the following best represents the Do step in the Plan-Do-Check-Act (PDCA) cycle?.A) Take actions to lower costs, change resource allocations, improve the quality, cycle time and flexibility of processes, modify the product mix, change customer relationships, and redesign and introduce new products.B) Measure and monitor ongoing performance and take short-term actions based on the measured performance.C) Define the organization's purpose and select the focus and scope of its strategy.D) Implement the chosen course of action.Answer: DDiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking7) Which of the following best represents the Check step in the Plan-Do-Check-Act (PDCA) cycle?A) Take actions to lower costs, change resource allocations, improve the quality, cycle time and flexibility of processes, modify the product mix, change customer relationships, and redesign and introduce new products.B) Measure and monitor ongoing performance and take short-term actions based on the measured performance.C) Define the organization's purpose and select the focus and scope of its strategy.D) Implement the chosen course of action.Answer: CDiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking8) Which of the following best represents the Act step in the Plan-Do-Check-Act (PDCA) cycle?A) Take actions to lower costs, change resource allocations, improve the quality, cycle time and flexibility of processes, modify the product mix, change customer relationships, and redesign and introduce new products.B) Measure and monitor ongoing performance and take short-term actions based on the measured performance.C) Define the organization's purpose and select the focus and scope of its strategy.D) Implement the chosen course of action.Answer: ADiff: 2Terms: plan-do-check-act cycleObjective: 4AACSB: Reflective thinking9) How the customer is treated at the time of the purchase is an example of the __________ element of the value proposition.A) functionality and featuresB) industry standardsC) qualityD) serviceAnswer: DDiff: 2Terms: nonfinancial informationObjective: 4AACSB: Reflective thinking10) Managers of service departments need all of the following information EXCEPT:A) efficiency data on work performance.B) quality data on work performance.C) profitability data of the whole company.D) profitability data of the service department.Answer: CDiff: 2Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking11) A national company manufactures a line of modern furniture. Information MOST useful to the employee who assembles the furniture includes:A) a daily report comparing the actual time it took to assemble a piece of furniture to the standard time allowed.B) a monthly report on the proportion of furniture pieces assembled with defects.C) the number of furniture pieces sold this month.D) revenue per employee.Answer: ADiff: 2Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking12) A national company manufactures a line of modern furniture. Information MOST useful to the top executive includes:A) individual job summaries of materials used.B) monthly financial reports on the company's profitability by product line.C) time reports submitted by each employee.D) scheduled downtime for routine maintenance on machines.Answer: BDiff: 2Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking13) A quarterly report disclosing declining market share information is MOST useful to:A) a front-line employee.B) the manager of operations.C) the chief executive officer.D) the accounting department.Answer: CDiff: 2Terms: financial informationObjective: 4AACSB: Reflective thinking14) A weekly report comparing machine time used to available machine time is information LEAST useful to:A) a front-line employee.B) the manager of operations.C) the chief executive officer.D) the accounting department.Answer: CDiff: 1Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking15) A daily report on the number of quality units assembled by each employee is information MOST useful to:A) a front-line assembly worker.B) the accounting department.C) the chief executive officer.D) the personnel department.Answer: ADiff: 2Terms: nonfinancial informationObjective: 4AACSB: Reflective thinking16) Which of the following would be MOST helpful for a top manager of a company?A) profitability report of the companyB) information to monitor hourly and daily operationsC) number of customer complaintsD) operating expense summary reported by departmentAnswer: ADiff: 2Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking17) A law firm would use management accounting information for all of the following decisions EXCEPT:A) staffing needs.B) performance evaluation of staff.C) budgeted purchases of supplies.D) location of annual holiday party.Answer: DDiff: 2Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinking18) Management accounting can play a critical role in the service industry because of all the following reasons EXCEPT:A) firms must be especially sensitive to the timeliness and quality of customer service.B) many employees have very little contact with customers.C) customers immediately notice defects and a delay in service.D) dissatisfied customers may never return.Answer: BDiff: 2Terms: management accountingObjective: 4AACSB: Reflective thinkingThe following information pertains to three divisions of Marine Industrial Coatings, Inc. (amounts in millions):19) What is the return on investment for the Chemical Division?A) 1.25%B) 2.25%C) 25.0%D) 50.00%Answer: ADiff: 2Terms: return on investmentObjective: 4AACSB: Analytical skills20) Which division is more profitable based on ROI?A) ChemicalB) Retail paintC) IndustrialD) Both Chemical and Retail paint are more profitable than Industrial.Answer: CDiff: 3Terms: return on investmentObjective: 4AACSB: Analytical skills21) What is the Return on Sales for the Retail paint division?A) 2%B) 4.5%C) 20%D) 45%Answer: CDiff: 2Terms: return on salesObjective: 4AACSB: Analytical skills22) For improving operational efficiencies and customer satisfaction, nonfinancial information is:A) critical.B) moderate.C) infrequently used.D) unnecessary.Answer: ADiff: 2Terms: nonfinancial informationObjective: 4AACSB: Reflective thinking23) Nonfinancial information might be used for all of the following EXCEPT:A) improve product quality.B) reduce cycle times.C) satisfy customers' needs.D) All of the above are used.Answer: DDiff: 2Terms: nonfinancial informationObjective: 4AACSB: Reflective thinking24) Is financial accounting or management accounting more useful to an operations manager? Why?Answer: Management accounting is more useful to an operations manager because management accounting reports operating results by department or unit rather than for the company as a whole, it includes financial as well as nonfinancial data such as the number or percent of on-time deliveries and cycle times, and it includes quantitative as well as qualitative data such as the type of rework that was needed on defective units. It also provides information to control operations; it measures and evaluates existing systems to identify problems.Diff: 3Terms: financial accounting, management accountingObjective: 4AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.25) Give two examples of financial information and nonfinancial information.Answer: Financial information includes amounts that can be expressed in dollar amounts such as sales, net income, and total assets. It also includes ratios prepared using financial information such as the percentage increase in sales, return-on-sales, and return-on-investment. Nonfinancial information includes measures that are not expressed in dollar amounts. For example, nonfinancial measures of customer satisfaction include the number of repeat customers or ranked estimates of satisfaction levels. Nonfinancial measures of production quality include percent of on-time deliveries, the number of defects, and production yield.Diff: 3Terms: financial information, nonfinancial informationObjective: 4AACSB: Reflective thinkingMAL: This question is not available in MyAccountingLab.Objective 51) The design and introduction of new measurements and systems must be accompanied by an analysis of the behavioral and organizational reactions to the measurements.Answer: TRUEDiff: 2Terms: nonfinancial informationObjective: 5AACSB: Reflective thinking2) People react when they are being measured, and they react to the measurements..Answer: TRUEDiff: 2Terms: measurementsObjective: 5AACSB: Reflective thinking3) Information is never neutral; just the act of measuring and reporting information affects the individuals involved.Answer: TRUEDiff: 2Terms: financial information, nonfinancial informationObjective: 5AACSB: Reflective thinking。
管理会计 双语课件 Management accounting
03 作业
High-Tech
Globalization
Economic Transition
03 作业 Need for innovation and relevant produces: – Activity-based management • ABC Improves accuracy of assigning costs
– Customer orientation
• Strategic positioning to maintain competitive advantage
• Value chain framework to focus on customer value
– Total quality management emphasized continuous improvement
1950-1980 1980-
Most of the product-costing and internal accounting procedures used in the last century were developed.
Emphasis of accounting information for internal management . Management accounting practices developed, including: Flexible budgeting, Standard costs, Variance analysis, transfer prices et al.
03 管理会计的定义
1 、国外会计学界的定义 1 ）狭义管理会计 管理会计知识为企业内部管理者提供规划和控制所需信息的内部会计。 • 为企业管理当局的管理目标服务。
lesson 10 Quality and time 英文管理会计课件 Management Accounting
– Identifies potential causes of defects using a diagram that resembles the bone structure of a fish. Also called Fishbone Diagrams.
Business-Process Perspective: Analyzing Quality Problems and Improving Quality” up to “ Relevant Costs and Benefits of Evaluating Quality Improvement”
Perspective : Costs of Quality” up to “The InternalBusiness-Process Perspective: Analyzing Quality Problems and Improving Quality”
19
Topic 2: Cost of Quality
13
Topic 3: Analyzing and improving quality
Quality Control Charts Illustrated
According to the 2-sigma rule, a point that falls out of the 2-sigma range would occur in a normal distribution only 5% of the time and should be investigated.
8
Topic 1: Quality as a competitiveness tool
双语 管理会计
Fundamental Concepts
Chapter 2 (cont.)
基础概念 第2章（续）
Compare, contrast, and compute 比较，对照与计算
Gross margin.销货毛利 Contribution margin. 边际贡献 Profit margin. 边际利润 Compare and contrast income statements prepared for managerial use and those prepared for external reporting. 比较并对照用管理目的与用于外部报表的损益 表
Distinguish between resources used and resources supplied 区别已使用资源及已供应资源. Identify the advantages of activity-based reporting for unused resources. 明确未使用资源的作业管理基础报告的优点
Understanding the value chain concept in preparing income statements for managerial use. 了解编制管理用损益表时所应用的价值链概念
•al Decision Making
Chapter 3
管理决策的制定 第3章
Understand the importance of effective communication among users of managerial accounting information 理解使用管理会计信息进行有些沟通的重要性
Describe how managerial accounting supports the new production environment. 描述管理会计如何支持新的生产环境的
《管理会计(双语)》课程 (3)
Manufacturing Costs
Direct Material—materials that can be traced easily to a unit of output and are of significant economic consequence to final product
Avoidable Cost—a cost that can be avoided by taking a specific course of action
11
Make-or-Buy: The Outsourcing Decision
The financial focus in the make-or-buy decision is whether the costs avoided internally are greater than the added external costs when purchasing a product or service from a supplier
8
CVP Analysis for Multiple Products
There are many combinations of sales levels for multiple products that would allow the organization to break even or reach a target profit
– The unit selling price and variable cost remain the same over all levels of production
– All costs are either variable or fixed – Fixed costs remain the same over all levels of
Lesson 6 Inventory management 英文管理会计课件 Management Accounting
Topic 1: Inventory management and EOQ
Inventory Management
➢ Inventory Management is planning, coordinating, and controlling activities related to the flow of inventory into, through, and out of an organization
14,000 12,000 10,000 8,000 6,000 4,000 2,000
-
Annual relevant ordering costs
Annual relevant carring costs
Annual relevant total costs
Order Quantity in units
2. To satisfy customer demand. 3. To avoid shutting down manufacturing
facilities because of machine failure, defective parts, unavailable parts, or late delivery of parts. 4. To buffer against unreliable production processes. 5. To take advantage of discounts. 6. To hedge against future price increases.
choose the inventory quantity per order to minimize costs
13
Topic 1: Inventory management and EOQ
《管理会计(双语)》课程 (1)
Stresses the form in which No prescribed form or
it is communicated
rules about its content
5
Changing Focus
Early 19th century – systems to measure the cost of producing individual products
Do Step involves the implementation of a chosen course of action
Check Step includes measuring and monitoring performance and taking short-term actions based on measured performance
Primarily orientated to
Primarily orientated to
external stakeholders,
needs of employees and
such as investors, creditors, managers
regulators, and tax
authorities
6
Strategy
Management accounting is a discipline that helps an enterprise to develop and implement its strategy
Strategy is about an organization making choices about what it will do or not do